Toro Co Stock Today

TTC Stock  USD 84.51  0.23  0.27%   

Performance

0 of 100

 
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Odds Of Distress

Less than 7

 
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Toro is trading at 84.51 as of the 18th of April 2024, a 0.27 percent up since the beginning of the trading day. The stock's open price was 84.28. Toro has only a 7 % chance of going through financial distress over the next few years, but has generated negative returns over the last 90 days. Equity ratings for Toro Co are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of April 2022 and ending today, the 18th of April 2024. Click here to learn more.
Business Domain
Capital Goods
IPO Date
30th of December 1987
Category
Industrials
The Toro Company engages in the designing, manufacturing, marketing, and selling professional and residential equipment worldwide. The Toro Company was founded in 1914 and is headquartered in Bloomington, Minnesota. Toro operates under Tools Accessories classification in the United States and is traded on New York Stock Exchange. The company has 104.41 M outstanding shares of which 4.93 M shares are at this time shorted by investors with about 6.44 days to cover. More on Toro Co

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Toro Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Toro's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Toro or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Toro's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Toro's managers, analysts, and investors.
Environment Score
Governance Score
Social Score
ChairmanRichard Olson
Thematic Ideas
(View all Themes)
Old Names[TRANSTEC N, Transtec AG, TRANSTEC N - Dusseldorf Stock Exchang, TRANSTEC N, TRANSTEC N (TTC.SG), Transtec AG, Traditional Therapy Clinics Limited]
Business ConcentrationAgricultural & Farm Machinery, Tools & Accessories, Industrials, NYSE Composite, HNX, HNX Manufacturing, HNX MidSmall Cap, SP Midcap 400, Office Supplies, Housewares, Furniture, Industrials, Machinery, Tools & Accessories, Industrials (View all Sectors)
Average Analyst Recommendation
Analysts covering Toro report their recommendations after researching Toro's financial statements, talking to executives and customers, or listening in on Toro's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Toro. The Toro consensus assessment is calculated by taking the average forecast from all of the analysts covering Toro.
Financial Strength
Based on the analysis of Toro's profitability, liquidity, and operating efficiency, Toro Co may be sliding down financialy. It has an above-average odds of going through some form of financial crisis next quarter. Financial strength of Toro is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.07490.0814
Significantly Down
Slightly volatile
Asset Turnover1.951.44
Significantly Up
Slightly volatile
Gross Profit Margin0.40.3465
Fairly Up
Pretty Stable
Net Debt1.2 B1.1 B
Sufficiently Up
Slightly volatile
Total Current Liabilities1.1 B1.1 B
Sufficiently Up
Slightly volatile
Non Current Liabilities Total1.4 B1.4 B
Sufficiently Up
Slightly volatile
Total Assets4.4 B4.2 B
Sufficiently Up
Slightly volatile
Total Current Assets2.2 B2.1 B
Sufficiently Up
Slightly volatile
Total Cash From Operating Activities199.8 M352.8 M
Way Down
Slightly volatile
Toro's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Toro's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Toro's bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of Toro's outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Toro's financial leverage. It provides some insight into what part of Toro's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Toro's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Toro deploys its capital and how much of that capital is borrowed.
Liquidity
Toro cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 1.16 B in debt with debt to equity (D/E) ratio of 0.88, which is OK given its current industry classification. Toro has a current ratio of 1.56, which is typical for the industry and considered as normal. Debt can assist Toro until it has trouble settling it off, either with new capital or with free cash flow. So, Toro's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Toro sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Toro to invest in growth at high rates of return. When we think about Toro's use of debt, we should always consider it together with cash and equity.

Change To Inventory

(25.23 Million)
Toro Co (TTC) is traded on New York Stock Exchange in USA. It is located in 8111 Lyndale Avenue South, Bloomington, MN, United States, 55420-1196 and employs 10,706 people. Toro is listed under Agricultural & Farm Machinery category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 8.96 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Toro's market, we take the total number of its shares issued and multiply it by Toro's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Toro runs under Machinery sector within Industrials industry. The entity has 104.41 M outstanding shares of which 4.93 M shares are at this time shorted by investors with about 6.44 days to cover. Toro Co has about 188.25 M in cash with 306.8 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.22.
Check Toro Probability Of Bankruptcy
Ownership Allocation
Toro maintains a total of 104.41 Million outstanding shares. The majority of Toro outstanding shares are owned by institutional holders. These institutional investors are usually referred to as non-private investors looking to take positions in Toro to benefit from reduced commissions. Consequently, institutions are subject to a different set of regulations than regular investors in Toro. Please pay attention to any change in the institutional holdings of Toro Co as this could imply that something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Toro Ownership Details

Toro Stock Price Odds Analysis

What are Toro's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Toro jumping above the current price in 90 days from now is about 98.0%. The Toro Co probability density function shows the probability of Toro stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon Toro has a beta of 0.7782. This usually implies as returns on the market go up, Toro average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Toro Co will be expected to be much smaller as well. Additionally, toro Co has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
  Odds Below 84.51HorizonTargetOdds Above 84.51
1.77%90 days
 84.51 
98.19%
Based on a normal probability distribution, the odds of Toro to move above the current price in 90 days from now is about 98.0 (This Toro Co probability density function shows the probability of Toro Stock to fall within a particular range of prices over 90 days) .

Toro Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Toro that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Toro's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Toro's value.
InstituionRecorded OnShares
Wellington Management Company Llp2023-12-31
1.8 M
Geode Capital Management, Llc2023-12-31
1.8 M
Nordea Investment Mgmt Bank Demark A/s2023-12-31
1.5 M
Jpmorgan Chase & Co2023-12-31
1.4 M
Bank Of New York Mellon Corp2023-12-31
1.3 M
Morgan Stanley - Brokerage Accounts2023-12-31
1.3 M
Durable Capital Partners Lp2023-12-31
1.2 M
Norges Bank2023-12-31
1.1 M
Amvescap Plc.2023-12-31
1.1 M
Vanguard Group Inc2023-12-31
10.5 M
Blackrock Inc2023-12-31
10.4 M
View Toro Diagnostics

Toro Historical Income Statement

Toro Co Income Statement is one of the three primary financial statements used for reporting Toro's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Toro revenue and expense. Toro Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Toro's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Total Revenue is expected to grow to about 5.5 B, whereas Total Other Income Expense Net is projected to grow to (105 M). View More Fundamentals

Toro Stock Against Markets

Picking the right benchmark for Toro stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Toro stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Toro is critical whether you are bullish or bearish towards Toro Co at a given time. Please also check how Toro's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Toro without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Toro Corporate Directors

Toro corporate directors refer to members of a Toro board of directors. The board of directors generally takes responsibility for the Toro's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Toro's board members must vote for the resolution. The Toro board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Robert BuhrmasterLead Independent DirectorProfile
Katherine HarlessIndependent DirectorProfile
Janet CooperIndependent DirectorProfile
Jeffrey HarmeningIndependent DirectorProfile

How to buy Toro Stock?

Before investing in Toro, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Toro. To buy Toro stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Toro. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Toro stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Toro Co stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Toro Co stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Toro Co, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Toro Stock please use our How to Invest in Toro guide.

Already Invested in Toro Co?

The danger of trading Toro Co is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Toro is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Toro. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Toro is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Toro offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Toro's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Toro Co Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Toro Co Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Toro Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
For information on how to trade Toro Stock refer to our How to Trade Toro Stock guide.
You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.

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When running Toro's price analysis, check to measure Toro's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Toro is operating at the current time. Most of Toro's value examination focuses on studying past and present price action to predict the probability of Toro's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Toro's price. Additionally, you may evaluate how the addition of Toro to your portfolios can decrease your overall portfolio volatility.
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Is Toro's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Toro. If investors know Toro will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Toro listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.39)
Dividend Share
1.38
Earnings Share
2.74
Revenue Per Share
42.216
Quarterly Revenue Growth
(0.13)
The market value of Toro is measured differently than its book value, which is the value of Toro that is recorded on the company's balance sheet. Investors also form their own opinion of Toro's value that differs from its market value or its book value, called intrinsic value, which is Toro's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Toro's market value can be influenced by many factors that don't directly affect Toro's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Toro's value and its price as these two are different measures arrived at by different means. Investors typically determine if Toro is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Toro's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.